Top 10 Stocks Based on Pattern Recognition: Returns up to 36.80% in 3 Days

Top 10 Stocks

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s systematic trading tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • Top 10 stocks pick for the long position
  • Top 10 stocks pick for the short position

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 3 Days (11/10/2016 – 11/13/2016)
I Know First Average: 9.86%
Top 10 Stocks

9 out of 10 stock prices in this forecast for the Top 10 Stocks Package moved as predicted by the algorithm. FNMA was our best stock pick this week a return of 36.80%. FMCC and SLM also performed well for this time horizon with returns of 36.32% and 7.15%, respectively. The package saw an overall yield of 9.86% versus the S&P 500’s return of 0.06% implying a market premium of 9.80%.

Fannie Mae (FNMA) buys and holds mortgages, and issues and sells guaranteed mortgage-backed securities to facilitate housing ownership for low to middle-income Americans. The Company was chartered by the United States Congress, but went public in 1970.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.